APL NORWAY AS
Score · fiscal year 2024
50of 100
How to read this: the company is ahead of 57 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 279 of 586 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 49 and solidity 70 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
APL NORWAY AS is 4 points above the median for medium-sized companies in the same sector in 2024.
Median score 46 among 167 companies.
Against medium-sized companies in the same sector in 2024: operating margin 6.6% (median 6.2%) and equity ratio 57.9% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 848 MNOK | 262 MNOK |
| Operating margin | 6.6% | 6.2% |
| Profit margin | 9.8% | 8.3% |
| Return on assets | 8.0% | 9.2% |
| Equity ratio | 57.9% | 36.8% |
| Debt-to-equity | 0.73 | 1.32 |
| Current ratio | 1.41 | 1.27 |
| Revenue growth | −3.3% | 14.0% |
| Revenue per employee | 4.18 MNOK | 4.05 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 50, APL NORWAY AS does better than 57% of medium-sized companies in the same sector (167 companies) in 2024.
Score 2023–2025
- APL NORWAY AS
- Median: medium-sized companies in the same sector
What the numbers say
APL NORWAY AS had an operating margin of 6.6% and an equity ratio of 57.9% in 2024, and ranks 279 of 586 in Olje og gass.
From 2023 to 2024: the operating margin fell from 10.4% to 6.6%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 37 MUSD and 66 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 66 MUSD |
| EV/EBIT | 8.0 | 37 MUSD |
| P/B | 1.0 | 56 MUSD |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Reports in a currency other than NOK
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 49 | weight 30% |
|---|---|---|
| Solidity | 70 | weight 25% |
| Liquidity | 56 | weight 15% |
| Growth | 24 | weight 15% |
| Consistency | 42 | weight 15% |
Durability: 52 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is APL NORWAY AS?
The operating margin was 6.6% in 2024, against a median of 6.2% among medium-sized companies in the same sector. Return on assets was 8.0%.
How solid is APL NORWAY AS?
The equity ratio was 57.9% in 2024 (median 36.8%). Debt-to-equity was 0.73 (median 1.32).
What is the liquidity of APL NORWAY AS like?
The current ratio was 1.41 in 2024 (median 1.27).
How does APL NORWAY AS compare in Olje og gass?
APL NORWAY AS ranks 279 of 586 in Olje og gass for 2024. Among companies of the same size (medium-sized companies) it ranks 73 of 167. Revenue changed by −3.3% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 966058013
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 203 registered 10 October 2026
- Founded
- 18 January 1993 33 years in operation
- Share capital
- 3.37 MNOK
- Business address
- Vikaveien 85, 4816 KOLBJØRNSVIK (ARENDAL)
- Municipality
- Arendal rank 6–10 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- fps.nov.com
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Håvard Hjellseth
- Chair of the board
- Jan Erik Stork Melstveit
- Board member
- Bjørn Magne Grut
- Board member
- Mariann Buksholt
- Board member
- Helene Tørå Micallef
- Board member
- Trevor Brian Martin
- Deputy member
- Sissel Falkenberg Langås
- Deputy member
- Andre Langås Johansen
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 54 | 50 | 57 | |
| Rank | 238 | 279 | 209 | |
| Operating margin | 10.4% | 6.6% | 13.8% | |
| Return on assets | 11.0% | 8.0% | 11.4% | |
| Equity ratio | 57.3% | 57.9% | 54.6% | |
| Current ratio | 1.56 | 1.41 | 1.49 | |
| Revenue growth | – | −3.3% | 6.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2024–31 December 2024: 10.7433 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 81.6 MUSD | 78.9 MUSD | 84.1 MUSD |
| Operating profit | 8.5 MUSD | 5.2 MUSD | 11.6 MUSD |
| Profit before tax | 9.4 MUSD | 7.7 MUSD | 13.4 MUSD |
| Net profit | 6.3 MUSD | 6.6 MUSD | 11.5 MUSD |
| Financial expenses | 0.3 MUSD | 0.1 MUSD | 1.0 MUSD |
| Total assets | 88.6 MUSD | 97.5 MUSD | 126.4 MUSD |
| Current assets | 42.2 MUSD | 51.6 MUSD | 81.2 MUSD |
| Equity | 50.8 MUSD | 56.4 MUSD | 69.1 MUSD |
| Retained earnings | −57.3 MUSD | −51.7 MUSD | −39.0 MUSD |
| Total liabilities | 37.8 MUSD | 41.1 MUSD | 57.4 MUSD |
| Current liabilities | 27.1 MUSD | 36.5 MUSD | 54.7 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5811147.
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